The Nairobi Securities Exchange (NSE) listed company has been operating in the region amid challenging market conditions for cement producers. Fellow cement firm ARM Cement is currently under administration.

Bamburi Cement issued a profit warning towards the end of the year in 2018, indicating that its full year financial results were set to dip by 25%.

Last year, its financials for the half year had dropped by Ksh2 billion as compared to the same period of review.

The cement makers then had stated that a disputed 45% tax imposed in Uganda had been one of the features behind the 2018 HY decline.

The firm however is also overseeing Ksh8 billion capacity expansion projects in both Kenya and Uganda. The projects had undergone acceptance testing at the end of June 2018 and according to the cement manufacturers were fully commissioned on schedule.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT

Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.